Margin Call is the best film to come out of the recent financial crisis. This is no polemic masquerading as a “documentary” (Inside Job) or good vs. evil melodrama (Money Never Sleeps). It is serious film, with superb acting, script, direction and photography, which uses the financial crisis as the realistic backdrop for a timeless story.
And yet the film is fatally flawed.
Read Article : Filmmakers Imagine Finance
On May 11, after the trial of Galleon hedge-fund founder Raj Rajaratnam (pictured below) had ended in a conviction on all counts, the U.S. Attorney for the Southern District of New York, Preet Bharara, came forth to give his understanding of it all. His statement is worth parsing, one element at a time.
Read Article : An Analysis of U.S. Attorney Preet Bharara
In my investigation of the Jamie Olis case, I wrote:
Following the collapse of Enron in December 2001, the city of Houston became the center for prosecutions of executives in the oil and gas industry. Men and women—innocent and guilty—were paraded before howling mobs and dragged into prejudiced courts, with no effort to determine whether they were con artists or wheeler-dealers, whether they had schemed to commit frauds or had merely run afoul of convoluted securities regulations.
Read Article : Let's Jail Prosecutors Who "Obstruct Justice"